CBRE announced today that it has expanded its Data Center Solutions (DCS) offering to include an additional range of technology services. CBRE’s Global Workplace Solutions (GWS) business now manages and maintains both data center technology physical infrastructure—hardware and software (e.g., servers, storage, racks)—and data center facilities (e.g., UPS and HVAC).
In addition, the Converged Data Center model encompasses services across the full real estate and IT lifecycle, including those in the Advisory and Project Management disciplines, such as: consulting, capital financing, site selection, development and project management, technology workload migration, and disposition of facilities.
The integrated offering of technology and facilities management as well as advisory services is called the “Converged Data Center” model.
“Our converged model provides a way to tie business-critical IT and mission-critical facilities together within one value-stream-based funding model,” said Jim Harding, Global President of Data Center Solutions for GWS. “This ultimately will help our clients be more competitive and achieve their digital transformation priorities.”
CBRE’s clients, particularly those with responsibility for real estate, finance and information functions, will realize significant benefits from the Converged Data Center approach. These include: reduced costs, improved operational efficiency, visibility of end-to-end operations and associated costs, better informed organizational and investment decision-making, and the ability to move assets off the balance sheet to more closely resemble a cloud financial model.
The technology scope of services within CBRE’s DCS group spans vendor-agnostic strategic consulting, such as cloud migration strategy and planning, data center planning and fit out, technical implementation and support (Smart Hands / Remote Hands), hardware maintenance, data destruction and asset recycling. Analytics, predictive maintenance, fault avoidance and speed to resolution—for both infrastructure equipment (e.g., UPS systems) and IT equipment (e.g., services)—will be provided through DCS’s analytics group, CBRE | Romonet.
CBRE currently delivers technology services to over 30 enterprise, colocation and hyperscale clients across the U.S., Europe and Asia Pacific and provides facilities management services to more than 800 data centers worldwide on behalf of leading corporations across sectors including: financial services, technology, media, healthcare, energy and utilities, life sciences, retail and real estate investment trusts. In the past five years, CBRE has completed more than 1,000 data center transactions, spanning 348 cities and 104 global markets.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.